Sovereignty means paramount, absolute and unchallenged authority of a nation (state) within it's own boundaries. Needless to say, it also implies complete independence and autonomy in handling one's own affair.
As the world moves towards globalization, its curious to note its effects on a nation's sovereignty.
Let me put some questions for you after which we will be able to appreciate the idea we are about to embark upon.
- Why BJP and Left are opposed to Nuclear deal ?
- Why are we opposed to international scrutiny of our climate change initiatives & policies ?
- Why Left is against opening up of markets to foreign MNCs - liberalism ?
- Why opposition (be it any party) views every international deal with crossed eyes ?
- Why do we often hesitate to take aid from world donors ? etc.
The answer to all these questions is that all these deals though are advantageous and essential comes with a compromise. They all somehow subdue our sovereignty.
Whenever we sign an international agreement or deal, we are legally bound by the rules and regulations as agreed or set. Thus, our parliament looses its supremacy to freely legislate on matters dealing with the deal as its bound by international laws to abide by the agreement. And hence, we are subjugated to laws over which we have little control. Moreover, it's difficult for our leaders to acknowledge our subdued sovereignty.
Strengthening of International bodies like UN, WTO, World Bank.
Bilateral/Multilateral deals
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